There are great expectations from the In-dian economy.
Everyone knows this. For one, we are pretty much slated to be, if not already like the fourth largest economy in the world when it comes to purchasing power parity. By the year 2025, India is likely to be the size of about 60 percent of the US economy. This is the reason why Fortune 500 companies and even other multinationals look and eye the Indian territory with a sharp eye and wishful thinking of establishing a base here.
Since India has opened its doors to foreign investment after its drive of liberalization, literally hundreds of MNCs have come flocking. Each year, scores of MNCs set up offices and even shop-floors within the vast expanses of our country. The coming in of these big-size firms has seen its consequences in the form of mergers and acquisitions via the mode of FDI. Units which have the ability to get into business worth millions of dollars are being acquired and even merged with some of the biggest organizations of planet earth. All this had led to creation and even enhancement of the wealth of the stake holders of Indian organizations along with that of their employees.
Has a loss been incurred by some due to MNCs?
This story is from the August 2017 edition of The Observer of Management Education.
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This story is from the August 2017 edition of The Observer of Management Education.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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